409 S Petaluma Blvd - Retail FOR SALE


Petaluma, CA 94952- Downtown Petaluma
$2,900,000 USD
707-328-6148
409 S Petaluma Blvd, Petaluma, CA for Sale
$2,900,000 USD
Retail - FOR SALE
1/11
null | Request Cap Rate

409 S Petaluma Blvd
Petaluma, CA 94952
Downtown Petaluma


HIGHLIGHTS

  • 18,918 SF Multi-Tenant Building
  • Potential for Redevelopment
  • Corner Location
  • Excellent Visibility
  • Newly Sprinklered
  • Owner/User Opportunity with Flexible Leases in Place. Occupy a Portion and Lease Out the Rest.

OVERVIEW

After more than 60 years of family ownership and a long history as the home of Homeowners Lumber Co., 409 Petaluma Blvd S represents a rare Westside Petaluma legacy asset. The property offers a compelling combination of visibility and flexibility, set on a .95 acre lot with prominent Petaluma Boulevard frontage. The recently sprinklered building offers significant flexibility for an owner-user, including the opportunity to combine Suites A, B and E into an approximately 11,800 SF contiguous showroom/warehouse. For investors, below-market rents provide additional upside through lease-up, rent growth and targeted improvements. A rare opportunity to reposition a well-located Westside asset while building on its longstanding place in the Petaluma community.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

T5

APN/PARCEL ID

008-127-010

ASK ABOUT THIS PROPERTY

Sara WannKeegan & Coppin Company, Inc.More Info
707-328-6148

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Sara WannKeegan & Coppin Company, Inc.More Info
707-328-6148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.